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BMW Reports Best First Quarter Ever March 1998 Also Best Month Ever; BMW Group First Quarter Sales Up 4 Percent

2 April 1998

BMW Reports Best First Quarter Ever March 1998 Also Best Month Ever; BMW Group First Quarter Sales Up 4 Percent

    WOODCLIFF LAKE, N.J., April 2 -- BMW of North America, Inc.,
continuing to break its own sales records, just closed its best month ever,
reporting March sales of 12,239 units, an increase of 6 percent over the
11,578 units reported for the same period a year ago.  BMW also reported its
best-ever first quarter, with sales of 30,939, up 6 percent over a year ago.
    Sales of BMW's best selling model, the 528i sedan, increased 39 percent,
contributing to BMW's overall U.S. sales strength.  Other gains worth noting:
BMW's new 323i convertible were 210 percent higher than it's predecessor, the
318i convertible (213 in March 1997); Z3 sales were up 20 percent over the
same period a year ago and 5 Series sales increased by 30 percent.
    BMW Group reported retail sales of 13,580 vehicles for March 1998, an
increase of 2 percent over Group sales of 13,259 recorded a year ago.
Consolidated year-to-date sales were 34,871 vehicles, compared to 33,636 over
the same period a year ago, an increase of 4 percent.
    Rover North America, Inc. reported March sales of 1,341 vehicles, compared
to 1,681 a year ago, a decrease of 20 percent.
    BMW of North America, Inc. and Land Rover North America, Inc. are members
of the BMW Group.

                       BMW Sales Report for March 1998

                             1998             1997

    March                   12239           11578
    Year-to-Date            30939           29136

                             March  Year-to-Date        March  Year-to-Date
                              1998          1998         1997          1997

    318ti                      290           862          514           986
    318is                       35            82          150           310
    318i 4-door                480          1122          365           869
    318i 4-door (US)             1             1           97           366
    318iC                       14            24          213           675
    323is                      382          1312
    323iC                      660          1656
    325is                        2             2            4             7
    328is                      292           732          443          1520
    328i 4-door               1202          2700         1321          3256
    328i 4-door (US)             0             0            0             3
    328iC                      643          1511          769          1990
    M3 2-door                  256           686          404          1286
    M3 4-door                  358          1023          509          1347

    3 Series                  4615         11713         4789         12615

    Z3 1.9 (US)               1039          2341         1045          2956
    Z3 2.8 (US)               1321          2990         l1ll          2716
    M Roadster (US)            224           225

    Z3                        2584          5556         2156          5672

    525i                         2             6           24            33
    525iT                        1             3           15            18
    528i                      2670          7548         1925          4638
    530i                         0             0            1             1
    530iT                        0             0            0             1
    535i                         0             0            0             0
    540i                         0             0            1             2
    540i (E39)                 602          1624          560          1563
    M5                           0             0            0             0

    5 Series                  3275          9181         2526          6256

    740i                       589          1495          595          1084
    740iL                     1086          2718         1372          3197
    750iL                       88           271           76           178

    7 Series                  1763          4484         2043          4459

    840CiA                       1             4           51           116
    850CSi                       1             1           13            18

    8 Series                     2             5           64           134


                      Land Rover Sales Report for March 1998

                                1998           1997

    March                     1284          1394
    Year-to-Date              2591          2819

                                March        Year-to-Date   MarchYear-to-Date
                              1998          1998          1997           1997

    Range Rover  (a)           522          1120          530          1072

    Discovery                  738          1394          776          1464

    Defender 90   (b)           24            77           88           283

    (a) Includes 4.6 HSE and 4.0 SE

    (b) 97 MY

SOURCE  BMW of North America, Inc.